Tokenomics
INFINITE DRIVE TOKENOMICS
Infinite Drive is a game that is planned to grow every year, with new gameplay features, customization and investment opportunities that thrive to put the players on top of the experience pillars. In order to respect the trust of our players while we are making sure the ecosystem is stable, Infinite Drive is launching with his privately owned token, the IDT, or Infinite Drive Token. This token is purchasable via FIAT currency or USDT & USDC. This is an unlimited token, that is used to
Rent Cars
Participate in Championships
Participate in Daily Races
Purchase Cars in-game
Customize garage
Customize cars
Evolving cars
IDT is obtainable daily by completing races and challenge, as well as by participating in Championships.
IDG SACRIFICE
Prior or making the IDG public, early adopters will be able to sacrifice their previously owned IDT in order to receive via airdrop the tradable version of IDT, with bonuses. Adopters will be able to sacrifice daily, multiple time a day. The sacrifice period will last 30 days, with bonuses decreasing as we reach the end. This is intended to make sure we stay true to our words as making sure early adopters will always be rewarded for their continuous support.
STACKING
Infinite Drive also reward owners of car NFT by letting them lease their assets to other players.
In order to simplify the process, Infinite Drive act as a broker, taking all the risk by garanteeing a WPY (Weekly Percentage Yield), taking the burden of renting the car to other drivers.
WPY is adjusted each week, based on the following criterias:
Current Car Offering
Past Week Demands
Car Rarity
Planned Category events
Car MSRP
As long as the owner doesn't cancel the lease, the WPY will be paid in IDT at the end of the lease.
WPY can be increased by applying for an auto-renewal of the lease.
BURNING
In order to maintain the economy stable, IDT is burned once used or transfered in the WPY pool, before being distributed. Although the IDT is non-tradable for the moment, this is important in order to make sure Owners and Drivers will continue to have fair pricing once the Token IPO happen.
The ecosystem is designed to have demand to purchase the token in order for players to play the game by entering races, renting and buying cars, and game upgrades. Rewards in the games can be increased or decreased to change the supply of the token that is being sold. Players are incentivized to hold the token in order to use it to buy game assets, or upgrades.
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